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Bitcoin price rebounds to $70,000 after worst daily drop since 2022
Bitcoin (BTC-USD) rebounded to $70,000 on Friday after prices fell as low as $61,000 following a 13% plunge on Thursday, the steepest one-day drop for the cryptocurrency since the FTX collapse in November 2022. The recovery reversed a wave of intense selling that surged through Thursday night, briefly pushing bitcoin's decline to over 50% since its peak of $126,000 last October. "From a sentiment perspective, comparisons across cycles are always imperfect, but anecdotally there is an outsized sense of fear and fatigue among crypto-native participants," Sean Farrell, head of digital assets at Fundstrat, wrote in a ... (full story)
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From cnbc.com | Feb 6, 2026
Bitcoin bounced off its recent low on Friday after narrowly avoiding falling below the key $60,000 mark, but some market commentators suggested there’s more selling to come. Late on Thursday, the world’s biggest cryptocurrency fell below $61,000 and hovered just above the $60,000 mark. As of 4:54 a.m. ET on Friday, Bitcoin was recovering slightly, trading ...
From msn.com | Feb 6, 2026
Bitcoin reclaimed almost all of the losses registered during Thursday’s crypto market meltdown, which was the largest since the collapse of Sam Bankman-Fried’s FTX exchange roiled the digital asset sector more than three years ago. The world’s largest cryptocurrency fell more than 13% yesterday, dragging the token down more than 50% from its October peak. ...
From aljazeera.com | Feb 6, 2026
Crypto markets came under pressure this week when the price of the world’s most popular cryptocurrency, Bitcoin, tumbled to its lowest level in more than a year. On Thursday afternoon, the price of Bitcoin fell below $66,000 and was hovering at about $62,900 on Friday morning. The fall in the price of the digital asset kicked off in the last weekend of ...
